Shift Technologies (STU:4GI0) Debt-to-Equity: -1.53 (As of Jun. 2023)

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STU:4GI0 Shift Technologies Inc STU:4GI0
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What is Shift Technologies Debt-to-Equity?

Shift Technologies STU:4GI0 10 Debt-to-Equity is -1.53 as of Jun. 2023. GuruFocus rates STU:4GI0 with a GF Score™ of 10/100.

Shift Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €16.7 Mil. Shift Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €168.0 Mil. Shift Technologies's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €-120.7 Mil. Shift Technologies's debt to equity for the quarter that ended in Jun. 2023 was -1.53.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Shift Technologies's Debt-to-Equity or its related term are showing as below:

STU:4GI0's Debt-to-Equity is not ranked *
in the Vehicles & Parts industry.
Industry Median: 0.46
* Ranked among companies with meaningful Debt-to-Equity only.

Shift Technologies  (STU:4GI0) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Shift Technologies Debt-to-Equity Related Terms

Shift Technologies Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Shift Technologies's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shift Technologies Debt-to-Equity Chart

Shift Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
0.57 0.06 3.02 -4.12

Shift Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.35 -2.54 -4.12 -2.07 -1.53

STU:4GI0 vs PREC, EICCF, JZXN: Debt-to-Equity Comparison

For the Auto & Truck Dealerships subindustry, Shift Technologies's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Shift Technologies Debt-to-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shift Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shift Technologies's Debt-to-Equity falls into.


STU:4GI0
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Shift Technologies Inc STU:4GI0
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Shift Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shift Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(32.065 + 200.446) / -56.438
=-4.12

Shift Technologies's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(16.699 + 167.968) / -120.688
=-1.53

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -1.53 mean?
Shift Technologies (STU:4GI0) has a Debt-to-Equity of -1.53 as of Jun. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shift Technologies and its competitors.
Is Shift Technologies' Debt-to-Equity too high?
Shift Technologies' current Debt-to-Equity is -1.53. Overall, Shift Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Shift Technologies' Debt-to-Equity compare to PREC and EICCF?
Shift Technologies' Debt-to-Equity of -1.53 can be compared against companies in the Vehicles & Parts industry. The industry median Debt-to-Equity is 0.46. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,219 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shift Technologies and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shift Technologies's current Debt-to-Equity is -1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shift Technologies stock overvalued right now?
Shift Technologies (STU:4GI0) has a current Debt-to-Equity of -1.53. The current Debt-to-Equity is -1.53. Shift Technologies' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Shift Technologies (STU:4GI0), the current Debt-to-Equity is -1.53 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Shift Technologies Business Description

Address 290 Division Street, Suite 400, San Francisco, CA, USA, 94103-4893
Shift Technologies Inc is an end-to-end auto e-commerce platform transforming the used car industry with a technology-driven, hassle-free customer experience. The company makes car purchase and ownership simple - making buying or selling a used car fun, fair, and accessible to everyone. It provides comprehensive, digital solutions throughout the car ownership lifecycle: finding the right car, having a test drive , a seamless digitally-driven purchase transaction including financing and vehicle protection products, an efficient, digital trade-in/sale transaction, and a vision to provide high-value support services during car ownership. It operates in two segments: Retail and Wholesale, of which the majority of its revenue comes from Retail.
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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